Investment Strategy

To qualify for the program, a social entrepreneur/venture must:

? Comprise of youth aged between 20 years old to 35 years old

? Prepare an application that clearly states the venture's theory of change

? Prepare a full proposal only if selected as finalists

? Recognized as part of a legally instituted NGO/ Business OR become recognized by taking up volunteer/staff positions within a legally instituted NGO/ Business

? Consider identifying a fiscal sponsor*

? Implement a non-profit mandate for the prospective social enterprise

? Willing to be mentored and to provide all information and reports needed

? Outreach to disadvantaged/ marginalized groups

? Plan to be financially sustainable either through stable cash flows, funding or donations

Develop a clear plan for reaching a particular vision, by expanding or replicating their own work, and/or inspiring and supporting others to do so.

Identify the resources and supporters who will be crucial to replicating and sustaining the work at scale--individuals as well as institutions and the messages that resonate with them.

Commitment to work with peers, mentors, YSEI, GKP and all partners of YSEI to develop and communicate success stories appealing to the enlightened self-interest of the well-off and building support for social entrepreneurs worldwide.

Resumes of the team members must be submitted and should be limited to only 2 pages.

*Fiscal Sponsor - A fiscal sponsor receives and administers the funds for your project. You will significantly increase your chances of financial support if you can find a nonprofit organization that will serve as your project's fiscal sponsor.

SELECTION CRITERIA

Innovativeness
? Ability to realize creativity, identify and exploit new / untapped opportunities towards fueling economic development and lasting social value change

Entrepreneurial qualities
? Committed towards creating social value sustainably by centraly focusing on innovation
? Act as change agents by driving the ?creative-destructive' process towards lasting social change

Social impact
? Adopting the social mission as explicit and central towards creating superior social value for targeted groups

Sustainability
? Achieving a sustainable competitive advantage from various dimensions (economic, social and environmental) to achieve the social mission

Replicability and Scalability
? Ability to adapt models or processes from different cultures and regions for local conditions while preserving the core concept for lasting social change
? Ability to augment or scale-up pursued innovations by developing a long-term vision of social change (theory of change)

Dedication
? Dedicated towards creating superior social value for targeted groups
? Dedicated towards developing a productive balance between the social mission and financial sustainability

Leadership
? Ability to lead an innovation, team and enterprise into creating lasting social change
? Ability to motivate targeted groups, team members, investors and other stakeholders to partake in the process of creating lasting social change

Ethical fiber
? Society has to be able to trust the social entrepreneur because of his/her full commitment to good means as well as good ends
? Foster the development good organizational values, vision, and ethics for all to follow
? Able to build a community where all stakeholders come together and share openly in an atmosphere of trust

Evaluation, Monitoring and Impact Assessment

The evaluation and monitoring process of Emergence Fellows will focus on the leverage of the support provided to improve the ability of the ventures to deliver higher quality solutions. YSEI recognizes that social impact is a long term investment and is not easy to measure. We are committed towards assessing the impact of the ventures in serving its target group. Impact assessment is an ongoing process throughout the Fellowship period. Fellows provide regular reports to track their progress against their objectives, and also refine their objectives as appropriate.